The Disturbance in the Standard of Value (Classic Reprint)

Language: English

Published by Forgotten Books, 2017

1334469822 / 9781334469824

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Softcover

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Print on Demand. This book examines the historical role of gold and silver as money and the subsequent change in monetary standards. The author argues that removing one half of the monetary basis, by demonetizing silver, creates instability in the value of the whole. In exploring the functions of money as a medium of exchange, store of value, and standard of measurement, the author explains that only full-powered metallic money is capable of performing all of these functions in an enduring way. The book challenges the quantitative theory of money and introduces a new theory, positing that it is a country's monetary demand in relation to its supply that determines the value of money. This thoughtful analysis will appeal to anyone seeking to understand monetary policy, banking, and the historical and modern evolution of money. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.…

Seller Inventory # 9781334469824_0

Title
The Disturbance in the Standard of Value (Classic Reprint)
Author
Robert Barclay
Publisher
Forgotten Books
Publication year
2017
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1334469822
ISBN 13
9781334469824
Seller catalogs
Economics

Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Store description

Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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Trade

Seller's business information

FB &c Ltd

Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR